Examples of Qualified Occupant in a sentence
The Unit shall be continuously occupied by at least one Qualified Occupant as their principal place of residence.
It shall be a breach of this Agreement for an Owner or a Qualified Occupant to violate any provision of this Agreement, or to default in payment or other obligations due to be performed under a promissory note secured by a first deed of trust encumbering any of the Units.
Should a Qualified Occupant become an individual with a disability and, because of such disability, be unable to meet the requirements of the Deed Restriction to remain a Qualified Occupant, the Qualified Occupant shall notify the Town, in writing, of the nature of the disability.
If the disability is temporary and the Qualified Occupant becomes able to return to work, then to remain a Qualified Occupant, the Qualified Occupant must return to work when the disability ceases.
If the disability is permanent, the Qualified Occupant shall remain a Qualified Occupant despite the disability.